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and in large part, the republican candidate lost because he failed to reach out to them. if your than one in three latino's failed to vote -- fewer than one in three latino's failed to vote for mitt romney. what will the republican party need to do to get the hispanic vote? >> at a christmas party outside of boston, republicans are not feeling particularly festive -- outside of austin, republicans are not filling a particularly festive. they know they have a challenge in front of them. within two years, hispanics will outnumber whites in texas. >> if you want to know what the future of the republican party is, go to a national convention and stand on a chair and turn around 360 degrees, look at everybody, and then pick any street in the united states and put a share there and turn around 360 degrees and see if the outside convention looks like the inside of the convention. i will give you a hand, it does not. >> hispanic republicans say the party is doomed unless it presents a more welcoming face. this man, whose ancestors are buried outside of san antonio, is a leading v
and in large part, the republican candidate lost because he failed to reach out to them. if your than one in three latino's failed to vote -- fewer than one in three latino's failed to vote for mitt romney. what will the republican party need to do to get the hispanic vote? >> at a christmas party outside of boston, republicans are not feeling particularly festive -- outside of austin, republicans are not filling a particularly festive. they know they have a challenge in front of them....
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obama's plea for recovery funds comes as he negotiates with the republicans to avoid the so-called fiscal cliff it's a set of spending rises and tax cuts that are set to take effect on the first of january and could be ruinous to the economy but does the average american fear the looming june artie's new yorker resident try to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do you know so then why is the media talking about it incessantly well so go there i guess i'm not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know you think most people are worried i think they are and i think that if i ignore it all go away do you think calling it something like the fiscal cliff minimizes it yes or no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom and the media loves that yeah i do think there's
obama's plea for recovery funds comes as he negotiates with the republicans to avoid the so-called fiscal cliff it's a set of spending rises and tax cuts that are set to take effect on the first of january and could be ruinous to the economy but does the average american fear the looming june artie's new yorker resident try to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you...
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president obama says there will be no deal unless republicans drop opposition to raising taxes on wealthyest americans. we have more now from washington, d.c.. >> was the white house and congressional republicans put forward a plan to avoid the fiscal cliff, now, they're miles apart, gaining in their heels. the president told bloomberg tv a deal is possible, but... >> this proposal now is still out of balance. >> the plan sent yesterday offers a total of 2 tth $2 trillion in deficit reduction including $1.2 trillion in spending cuts. and00 billion in new tax revenue no. rate increases in top two percent of taxpayers. that is nonnegotiatable for the president. >> we're not going to be able to get a deal without it white house says the math doesn't add up. >> it's magic beebs and fairy dust. >> with just 28 days until deadline, negotiations reach aid stalemate. >> there is nothing going on privately that is not going on publicly. >> there are no plans at this time for leaders to meet with the president at the while the house. it doesn't sound like he's sending out invitations any type soon. >>
president obama says there will be no deal unless republicans drop opposition to raising taxes on wealthyest americans. we have more now from washington, d.c.. >> was the white house and congressional republicans put forward a plan to avoid the fiscal cliff, now, they're miles apart, gaining in their heels. the president told bloomberg tv a deal is possible, but... >> this proposal now is still out of balance. >> the plan sent yesterday offers a total of 2 tth $2 trillion in...
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in charge or obama basically the republicans are just as bad as far as we're concerned they're corrupt and are out of touch in southern former confederate states like north carolina culture and social issues play a big role for those like harold cruz who believes the us is too big and thus destined to fail north carolina and the south general. were different country already than the united states and we simply need our own government we have different values different belief systems critics have dismissed secessionists as disgruntled voters angry over president obama's second term however in this year thousand a presidential election obama became the first democrat in more than thirty years to win north carolina a red state turned blue with the promise of change four years later tens of thousands of voters in the very same state believe they'd be better off on their own. the average american the things they believe in and they're tired of the endless wars and here we are talking about invading iran now i can't think of anything more the white house meanwhile promises to review and issu
in charge or obama basically the republicans are just as bad as far as we're concerned they're corrupt and are out of touch in southern former confederate states like north carolina culture and social issues play a big role for those like harold cruz who believes the us is too big and thus destined to fail north carolina and the south general. were different country already than the united states and we simply need our own government we have different values different belief systems critics...
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Dec 8, 2012
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. >>> president obama and the republicans look to make a deal. the royal couple makes a baby and a new law makes some pot smokers very, very happy. a look back now at the week that was. >> 26 days left, of course, until we tumble over the cliff. >> now we need a response from the white house. >> i will not play that game. >> it's official, kate middleton is pregnant. >> obviously, you know, we want a family. >> the whole globe's press will be in london waiting. >> now we're smoking weed. >> i'm not a criminal any more. i'm free to be free. >> a little pot, a big pregnancy and, of course, politics dominated this week that was. a week that began with this. >> a reasonable offer to the white house that would avert the fiscal cliff. >> reporter: the president polightly declined. >> when you look at the math, it doesn't work. >> it's just common sense. >> at least the two sides are talking. >> oh, they're talking, all right. >> the president actually isn't interested in a balanced agreement. >> the only people who aren't onboard are republicans in con
. >>> president obama and the republicans look to make a deal. the royal couple makes a baby and a new law makes some pot smokers very, very happy. a look back now at the week that was. >> 26 days left, of course, until we tumble over the cliff. >> now we need a response from the white house. >> i will not play that game. >> it's official, kate middleton is pregnant. >> obviously, you know, we want a family. >> the whole globe's press will be in...
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you may recall hearing all the time, you know, mitt romney and the republicans going after obama for that $700 billion in medicare cuts. wellç you know why he was sayi that? because obama and the affordable care act cut medicare by $700 billion. they did it in a very careful way. they did it in a way to protect beneficiaries and responsible. they faced up. they said medicare does need to be trimmed. we need to do it in a smart way and did this. >> why is it off the table now? >> well, precisely because they did -- took that step. they took that very big step and now everyone -- now the idea's, all right, we took the found cut and starting the experiments now. let's see how they work. there's a very good chance, in fact, we are seeing signs that some of them are starting to save some money. we cut $700 billion. we have these pilot programs going forward. let's watch. we have taken enough out of medicare for now and see how the experiments go. if they work out and if a few of them work out, we'll get bigger shape and in better shape fiscally. >> the line in the sand of the president
you may recall hearing all the time, you know, mitt romney and the republicans going after obama for that $700 billion in medicare cuts. wellç you know why he was sayi that? because obama and the affordable care act cut medicare by $700 billion. they did it in a very careful way. they did it in a way to protect beneficiaries and responsible. they faced up. they said medicare does need to be trimmed. we need to do it in a smart way and did this. >> why is it off the table now? >>...
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i don't think that president obama or the republicans want us to go over the fiscal cliff. >> jamie: angela, when i have you guys on, i want to learn a little something myself. we have a lot of new members that are going to be seated after the first of the year. so, if they come up with some partial solution, let's say, what's the impact, angela, of us having new members of congress seating into this di decision making process. is it hurtful or beneficial? >> it's always beneficial, i always think that new minds are great to come to the table to give new ideas. what we have have to stop down is putting a bandaid on it and kicking it down the road. we need true me form or we'll be talking about this a year from now. >> jamie: doug, a prediction, going over? >> i don't think so. but you bring up a good point member about the 90 house members who are going to leave and more political incentive to do it now, because with new members, they're going to have to go through the debate again. >> jamie: thank you, guys. always a great discussion, always is. and our own chris wallace has an excl
i don't think that president obama or the republicans want us to go over the fiscal cliff. >> jamie: angela, when i have you guys on, i want to learn a little something myself. we have a lot of new members that are going to be seated after the first of the year. so, if they come up with some partial solution, let's say, what's the impact, angela, of us having new members of congress seating into this di decision making process. is it hurtful or beneficial? >> it's always beneficial,...
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president obama tries to win over top business leaders, warning republicans are holding the global economy hostage over the fiscal cliff.
president obama tries to win over top business leaders, warning republicans are holding the global economy hostage over the fiscal cliff.
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Dec 6, 2012
12/12
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to the republican plan he rejected. >> i'm going need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spoke on the phone wednesday, but republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person, here on capitol hill or at the white house, there will be no deal without a compromise on taxes, something that does not appear likely any time soon. >> an obsession to raise taxes is not going to solve the problem. >> treasury secretary timothy geithner said the white house is absolutely willing to go over the fiscal cliff if the gop doesn't agree to raise taxes on the top 2% of earners. while a handful of republicans seems willing to concede that point, the party seemed unchangeable. >> speaker boehner took a position, i think the day after the campaign, that said we're willing to bring in revenue, but we're not willing to increase rates. >> the president says if republicans will concede the point, they could reach a deal within
to the republican plan he rejected. >> i'm going need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spoke on the phone wednesday, but republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person, here on capitol hill or at the white house, there will be no deal without a compromise on taxes, something that does not appear...
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. >>> he spoke at this year's democratic national convention as an independent, but now former republican florida governor charlie crist is a proud democrat. crist posted a twitter photo friday showing his registration papers tweeting that he's proud and honored to join the party in the home of president obama. crist ran for the u.s. senate as an independent in 2010, but was defeated by marco rubio. some are speculating this move is in preparation for another run for governor against rick scott in 2014. >>> the supreme court has decided to take up two major same-sex marriage cases. the first is the defense of marriage act. the 1996 law denies federal benefits to legally married same-sex couples. right now around 120,000 legally married same-sex couples in the u.s. the second is california's proposition 8. that made same-sex marriage illegal in the state. a decision on these cases is expected next year. >>> is this the end of gangnum style mania? korean pop star psy which is the most watched video in youtube history is apologizing for an anti-american lyrics that aired in 2004. made its wa
. >>> he spoke at this year's democratic national convention as an independent, but now former republican florida governor charlie crist is a proud democrat. crist posted a twitter photo friday showing his registration papers tweeting that he's proud and honored to join the party in the home of president obama. crist ran for the u.s. senate as an independent in 2010, but was defeated by marco rubio. some are speculating this move is in preparation for another run for governor against...
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Dec 6, 2012
12/12
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today in northern virginia president obama visited a middle class falls church family. he says people like the centanas could be hit hardest if congress doesn't extend middle class tax cuts. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> the president proposed a plan that members of his own party won't even vote for. >> now the president does want tax rates to go up on the wealthiest americans. republicans are standing behind their counteroffer to close tax loopholes and limit some deductions instead. they say the president needs to deliver a new plan that congress can pass. >>> let's take live look right now. this is the ellipse where we are just moment as way from the lighting of the national -- moments away from the lighting of the national christmas tree. erica grow has been out there all afternoon. people are still pretty excited, aren't they? >> reporter: this is such a wonderful time on the ellipse out here right across from
today in northern virginia president obama visited a middle class falls church family. he says people like the centanas could be hit hardest if congress doesn't extend middle class tax cuts. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> the president proposed a plan that members of his own party won't even vote for. >> now the president...
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barack obama has announced. a sixty billion dollars aid package for the states worst hit by superstorm sandy. the request has to get approval from republicans and democrats the president's team has also proposed to make the package immune to any spending cuts due to urgent one time made. a goal must be for recovery plans comes as he negotiates with the republicans to avoid this so-called fiscal cliff the sort of spending a rise arises and talks cards that are set to take effect on the first of january and could be ruinous to the komi but does the average american fear the new mean do you also use new york resident trying to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do so then why is the media talking about it incessantly well i i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know y
barack obama has announced. a sixty billion dollars aid package for the states worst hit by superstorm sandy. the request has to get approval from republicans and democrats the president's team has also proposed to make the package immune to any spending cuts due to urgent one time made. a goal must be for recovery plans comes as he negotiates with the republicans to avoid this so-called fiscal cliff the sort of spending a rise arises and talks cards that are set to take effect on the first of...
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Dec 7, 2012
12/12
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president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this morning's jobs report. what role did sandy play in hiring? ♪ [ male announcer ] with free package pickup from the u.s. postal service. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. because it's nice to have an extra pair of hands around ♪ ♪ there's no such thing whenas too soft. toilet paper, i know what i like. i
president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this...
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republicans as they try to hammer out a deal to avert the country falling off the fiscal cliff. >> let's allow higher rates to go up for the top 2%. by doing that alone we raise almost trz z $2 trillion. >> increasing rates will hit small businesses that produce 60 to 70% of the new jobs in our country. >> most americans agree with the president. a majority say they are okay with raising taxes on people with incomes over a quarter million a year. this poll is one of three surveys out over the past week and a half to indicate the public gives a thumbs-up to raising taxes on high earners. the polls indicate a big partisan divide with democrats and independents supporting such a move and a majority of republicans opposed. the polls also suggest that most people want cuts in government spending as part of a deal to avert the fiscal cliff. not when it comes to entitlements. according to three new surveys a majority say no to raising the eligibility age for medicare. does the public think politicians in washington will hammer out a deal before the end of the year deadline? americans appear div
republicans as they try to hammer out a deal to avert the country falling off the fiscal cliff. >> let's allow higher rates to go up for the top 2%. by doing that alone we raise almost trz z $2 trillion. >> increasing rates will hit small businesses that produce 60 to 70% of the new jobs in our country. >> most americans agree with the president. a majority say they are okay with raising taxes on people with incomes over a quarter million a year. this poll is one of three...
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Dec 6, 2012
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. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the debt crisis. >> we are trying to connect with our generation in a different way using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grassroots campaign wants to sign up more than 2 million people to push pres
. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders...
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: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax rates permanently and start working with president obama on true pro growth tax reform, but again, it sounds like treasury secretary geithner is happy to take the economy off the fiscal cliff, and again, if president obama wants to do that, he can do that, it sounds like that's exactly where he wants to go, what is kind of amazing, maybe republicans should take, you know, a victory lap from the fact that we've actually convinced democrats it's a good thing to maintain the bush tax cuts for at least 98% of the american population. i guess that's a good thing. i hope, i hope if president obama decides to increase taxes on the top two percent at a minimum he exempts business income. people or businesses that report their income through subchapter s, that would be a positive sign. maybe he can give some ground there. >> greta: i'm curious as a former businessman, now a freshman
: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax rates permanently and start working with president obama on true pro growth tax reform, but again, it sounds like treasury secretary geithner is happy to take the economy off the fiscal cliff, and again, if president obama wants to do that, he can do that, it sounds like that's exactly...
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republicans are gathering to afters their next that the president shot down their proposal. our senior clinical reporter, scott thuman, has been following the story. our senior political reporter, scott thuman, has been following the story. he will have more at 6:00. doug hill has more on the weather. this may be a visit from old for a few days. let's get you started. 82 degrees right now. the d two degrees up road at the 52 degrees up the road at washington-lee high school. temperatures falling into the 50's.nd if h still hang onto 60 degrees in fredericksburg. temperatures running colder. 21 degrees colder in cumberland. these are the wind speed at the top of the hour. 10, 12, and 15 miles per hour. winds will diminish later . temperatures will drop .uickly into the 40's tomorrow we will be in the 30's.20's and how long will the cold air stay around? warmer temperatures are coming .ack will show you that in a couple of minutes. police are looking for the driver behind a deadly hit and run. two brothers were struck this walkingwhen they were along this avenue in gaithersbur
republicans are gathering to afters their next that the president shot down their proposal. our senior clinical reporter, scott thuman, has been following the story. our senior political reporter, scott thuman, has been following the story. he will have more at 6:00. doug hill has more on the weather. this may be a visit from old for a few days. let's get you started. 82 degrees right now. the d two degrees up road at the 52 degrees up the road at washington-lee high school. temperatures...
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. >>> still no signs of progress between republicans and democrats as the year-end deadline to avoid tax hikes and spending cuts inches closer. no face-to-face talks are scheduled at this time. but as danielle nottingham reports, president obama is continuing his push to sell to the american public. >> reporter: house members left the capitol in the middle of the fiscal fight. they're not due back until next week. but house speaker john boehner is staying behind, ready to sit down with the president. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican propoise -- proposal because it does not raise taxes on households making more than $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> reporter: republicans say if bush-era tax cuts are not extended for everyone, it will hurt the economy. and they invited small business owners here to capitol hill to make their point. >> max olson opened an shrpses compa
. >>> still no signs of progress between republicans and democrats as the year-end deadline to avoid tax hikes and spending cuts inches closer. no face-to-face talks are scheduled at this time. but as danielle nottingham reports, president obama is continuing his push to sell to the american public. >> reporter: house members left the capitol in the middle of the fiscal fight. they're not due back until next week. but house speaker john boehner is staying behind, ready to sit...
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president obama has rejected the latest profile bit republicans because it does not include a -- proposal by the republicans because it does not include a tax hike on the wealthy americans offering instead to close some tax loopholes, danielle nottingham with the latest from capitol hill. >> reporter: house members left the capitol in the middle of the fiscal fight not due back until next week, but house speaker john boehner is staying behind ready to sit down with the president. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making over $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> revenues we're putting on the table will come from, guess who, the rich. >> reporter: house republicans say if bush era tax cuts aren't extended for everyone, it will hurt the economy and they invited small business owners here to capitol hill to make their point. max olson opened an insurance company this year and is concerned he won't be able to ad
president obama has rejected the latest profile bit republicans because it does not include a -- proposal by the republicans because it does not include a tax hike on the wealthy americans offering instead to close some tax loopholes, danielle nottingham with the latest from capitol hill. >> reporter: house members left the capitol in the middle of the fiscal fight not due back until next week, but house speaker john boehner is staying behind ready to sit down with the president. >>...
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president obama spent his day with the santana family of falls church and he says they're members of the middle class and they'll be hit hard if congress fails to extend their tax cuts. meantime virginia could be hit hard if those spending cuts end up taking place especially in places like fairfax county where federal contracting is king. >> if you go make the kind of cuts that some are suggesting happen, then you're really hurting a lot of the small buss
president obama spent his day with the santana family of falls church and he says they're members of the middle class and they'll be hit hard if congress fails to extend their tax cuts. meantime virginia could be hit hard if those spending cuts end up taking place especially in places like fairfax county where federal contracting is king. >> if you go make the kind of cuts that some are suggesting happen, then you're really hurting a lot of the small buss
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. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> now, the revenues were put in. going to come from, guess who? the rich. . >> reporter: health republicans say if bush era tax cuts aren't extended for everyone, it will hurt the economy. and they invited small business owners here to capitol hill to make their point. >> reporter: max olsen opened an insurance company this year and is concerned he won't be able to add employees. >> you add their payroll, plus an extra tax amount. then i might not be able to hire them because of it. >> reporter: president obama pressed his case tuesday with ceos of some of the country's largest companies. >> and i'm here to tell you that nobody wants to get this done more than me. >> reporter: the president says he wants to raise tax rates on just about everyone in the room to balance the budget. >> we're not insisting on rates. just out of spite or out of any kind of partisan bickeri
. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> now, the revenues were put in. going to come from, guess who? the rich. . >> reporter: health republicans say if bush era tax cuts aren't extended for everyone, it will hurt the economy. and they invited small business owners here to capitol hill to make...
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but boehner as facing a growing backlash among rank and file republicans. some say they will never support tax hikes but others are breaking with the leadership saying they will support the president's demand for an increase on rates on upper incomes. >>> new this morning, more support for a push to crack down on texting while driving in virginia. legislation is in the works that would classify texting behind the wheel as reckless driving. the virginia state crime commission has announced its support for the measure. it is not expected to be taken up until early next year. ext y >>> time now not morning line and everybody is talking about sunday's redskins-ravens game. redskins have lost the last two against baltimore. now, as far as the redskins injuries are concerned, london fletcher sat out of practice yesterday with an ankle injury and left tackle trent williams continues to nurse a deep thigh bruise. deangelo hall is in a boot but it is like lie all of them way play this weekend. back up cornerback cedric griffin is out for the season. he tested positi
but boehner as facing a growing backlash among rank and file republicans. some say they will never support tax hikes but others are breaking with the leadership saying they will support the president's demand for an increase on rates on upper incomes. >>> new this morning, more support for a push to crack down on texting while driving in virginia. legislation is in the works that would classify texting behind the wheel as reckless driving. the virginia state crime commission has...
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Dec 8, 2012
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that's a bad scenario. >> the lead negotiator on the republican side of the table facing mr. obama says raising taxes on upper income americans will not fix the huge problems this country is facing. >> even if the president got the tax rate hike he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. washington has a spending problem and not a revenue problem. >> for many top democrats it is all about taxes and not spending cuts in averting the fiscal cliff. >> the facts are that at this point the 39.6% does produce the revenue. the differentiation between the 39 pin 6% and the 28% that the president has for limitation or deductions creates a great deal of money as well. >> one conservative commentator suggested the out come of the fiscal talks won't be the end of the world. >> we will have taxes which are roughly the same as they were underon. we did fine in that. we will do fine. >> the question is whether these negotiations will lead to making other tough choices such as washington getting a handle on the growth of govern
that's a bad scenario. >> the lead negotiator on the republican side of the table facing mr. obama says raising taxes on upper income americans will not fix the huge problems this country is facing. >> even if the president got the tax rate hike he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. washington has a spending problem and not a revenue problem. >> for many top democrats it is all about taxes and not spending...
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to the republican plan he rejected. >> i'm going to need a response from the white house. we can't negotiate with ourselves. >> the president and boehner spoke on the phone wednesday. republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person here at capitol hill or at the white house there will be no deal without a compromise on taxes. >> i'm obsession to raise taxes is not going to solve the problem. >> timothy gitner said the white house is willing to go over the fiscal cliff if the gop doesn't agree to raise taxes on the top 2% of corners. the parties position seems unchangeable. >> speaker boehner took a position i think the day after the campaign that said we're willing to bring in revenue but not being to take a risk. >> the president said they could reach a deal within a week. >> the white house budget officer is issuing an order to prepare for more than $100 billion in spending cuts in a compromise cannot be reached before the deadline. >>> changes are coming to the national hu
to the republican plan he rejected. >> i'm going to need a response from the white house. we can't negotiate with ourselves. >> the president and boehner spoke on the phone wednesday. republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person here at capitol hill or at the white house there will be no deal without a compromise on taxes. >> i'm obsession to raise taxes is not...
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. >>> on capitol hill, republicans are sticking to their positions. the tax cuts should be extended for all americans. danielle nottingham reports for wjz. it comes as president obama meets with a family who would be impacted if the country goes over the fiscal cliff. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top comiftds -- economists came to capitol hill thursday to talk about the impact of tax increases ask government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent for this family. >> reporter: the white house has made clear, the country could go or the cliff -- over the cliff, if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily, because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: republican leaders say they will c
. >>> on capitol hill, republicans are sticking to their positions. the tax cuts should be extended for all americans. danielle nottingham reports for wjz. it comes as president obama meets with a family who would be impacted if the country goes over the fiscal cliff. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top comiftds -- economists came...
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. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues on the table are going to come from guess who? the rich. >> reporter: they say if the bush-era tax cuts aren't extended for everyone, it will hurt everyone. and they invited people here to make their point. >> reporter: max olson opened an insurance company this year and is concerned he won't be able to add employees. >> you add their payrolls, plus an extra tax amount, then i may not be able to hire them because of it. >> reporter: president obama pressed his case tuesday, with ceos from some of the largest companies. >> i'm here to tell you, nobody wants to get it done more than me. >> reporter: the president wants to raise taxes on just about everyone in the room to balance the budget. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. >> reporter: the pre
. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues on the table are going to come from guess who? the rich. >> reporter: they say if the bush-era tax cuts aren't extended for everyone, it will hurt everyone. and they invited people here to make their point. >> reporter: max olson opened an...
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. >> in the midst of a standoff with capitol hill republicans, president obama told bloomberg news that the latest plan put forth by house speaker john boehner, simply doesn't add up. the >> speaker's proposal right now is still out of balance. he talks about, for example, eight hundred billion dollars worth of revenues but he says he will do that by lowering rates. when you look at the math, it does does not work. >> not work. as negotiations as negotiations to avoid the so-called "fiscal cliff" continue, republicans were equally dismissive of the last proposal from the president. >> his proposal was so outlandish i don't think we should go back to the table until he puts something there that we can work with. >> the key sticking point between the two sides hasn't changed -- tax rates for the wealthy. >> the math is clear. the only way to accomplish these things is to allow the rates to go up on the top 2 percent of taxpayers.// >> he's punishing success. we'll put at risk the economic growth that we really need to create the jobs, to create taxpayers and to create the revenue we need
. >> in the midst of a standoff with capitol hill republicans, president obama told bloomberg news that the latest plan put forth by house speaker john boehner, simply doesn't add up. the >> speaker's proposal right now is still out of balance. he talks about, for example, eight hundred billion dollars worth of revenues but he says he will do that by lowering rates. when you look at the math, it does does not work. >> not work. as negotiations as negotiations to avoid the...
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republicans say that's not good enough. they are holding out for cuts to programs like social security. >> we'll stay here right through the new year and make sure we resolve this in an acceptable way for the american people. >> the fed chair ben bernanke says just the threat of a "fiscal cliff" is already creating uncertainty in the economy. and that is not good for the stock market. >>> "fiscal cliff" negotiations though are throwing a wrench into year end tax planning, as well. >> but there are plenty of actions to take starting with changes of tax laws that expire at the and of the year. jill schlesinger, editor at large for cbsmoneywatch.com joins us now with information on tax laws that expire at the end of the year. >> good morning. >> first start with people trying to reduce their mortgage debt. >> reporter: this is really interesting because homeowners who have restructured their mortgage debt since the housing crash have enjoyed a big benefit. no tax on the amount of debt that was reduced or forgiven. if we go bac
republicans say that's not good enough. they are holding out for cuts to programs like social security. >> we'll stay here right through the new year and make sure we resolve this in an acceptable way for the american people. >> the fed chair ben bernanke says just the threat of a "fiscal cliff" is already creating uncertainty in the economy. and that is not good for the stock market. >>> "fiscal cliff" negotiations though are throwing a wrench into year...
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to continue to glean out of medicare, we can do that through the $360 billion that is in president obama's proposal with $4 trillion in deficit reduction that does it without cutting benefits. we have an opportunity to administrator years of solvency to medicare and medicaid. we need republicans to sit down at the table and embrace the notion you need a balanced approach. they need to send that middle class tax cut extension bill to the president's desk. >> what, if anything, does today's jobs report do for the president's hand in these negotiations? >> it just continues to add to the idea that we continue to make slow and steady progress. that we need to make more progress, and that you can see that although we've created jobs in the private sector i think for 33 straight months, you have a fragile recovery that we know a fiscal cliff would really impact in a dramatic way. we want to make sure we aavovoi that. we have an easy, no-brainer thing to do to give that certainty and another shot in the arm to the economy. and that is extend the middle class tax cuts. simple, no-brainer thing to
to continue to glean out of medicare, we can do that through the $360 billion that is in president obama's proposal with $4 trillion in deficit reduction that does it without cutting benefits. we have an opportunity to administrator years of solvency to medicare and medicaid. we need republicans to sit down at the table and embrace the notion you need a balanced approach. they need to send that middle class tax cut extension bill to the president's desk. >> what, if anything, does today's...
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house speaker john boehnered off a republican proposal this week but president obama and other democrats have dismissed it because it includes no tax increase for the wealthiest of americans. >> 60% of americans pay slightly more. >> there's only one person out of 307 million americans who can sign something in law, the president. >> boehner is set to meet with small business owners while the president speaks at a conference of corporate ceos. >>> bob dole made an appearance on capitol hill yesterday in a wheelchair frail but still flexing his political might. he could not convince enough republicans to support a disabled rights treaty. the united nations treaty would ban discrimination against people with disabilities. it fell five votes short of getting the needed two-thirds approval in the senate. >>> the world's oldest woman has died at the age of 116. beth cooper is only one of eight people recognized by the begin he was book of world records to have lived that long. she died peacefully yesterday in an assisted living home near atlanta. the title of world's oldest person now belongs
house speaker john boehnered off a republican proposal this week but president obama and other democrats have dismissed it because it includes no tax increase for the wealthiest of americans. >> 60% of americans pay slightly more. >> there's only one person out of 307 million americans who can sign something in law, the president. >> boehner is set to meet with small business owners while the president speaks at a conference of corporate ceos. >>> bob dole made an...
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suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news for everyone. it's a good number, down to 7.7%, unemployment, 146,000 new jobs added but the downside is that fewer people were in the labor force a lot fewer, because people gave up on even trying. >> i think this is one of the more provocative questions and get to it on sunday, which is, are we too focused on the debt. are we not focused enough on what the government can be doing to try to spur job growth? beyond just -- >> there was a stimulus piece in the offer from the white house that was laughed at by the -- >> laughed at but could end up surviving. one of the things about the president's initial offer is it may have sent a bad signal to conservatives but it did have the effect of getting his folks behind him and really solidifying that base it felt in the past he gives too m
suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news for everyone. it's a good number, down to 7.7%, unemployment, 146,000 new jobs added but the downside is that fewer people were in the labor force a lot fewer, because people gave up...
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president obama and the republicans look to make a deal. the royal couple makes a baby, and a new law makes some pot smokers very happy. a look back now at the week that was. >> 26 days left, of course, until we tumble over the cliff. >> now we need a response from the white house. >> i will not play that game. >> it's official. kate middleton is pregnant. >> obviously, you know, we want a family. >> the whole globe's press will be in london waiting for this little baby. >> smoke them if you've got them. >> now we're smoking weed. >> i'm not a criminal anymore. i'm free to be free. >> a little pot, a big pregnancy and, of course, politics dominated this week that was. a week that began with this. >> a reasonable offer to the white house that would avert the fiscal cliff. >> the president politely declined. >> when you look at the math, it doesn't work. >> it's just common sense. >> at least the two sides are talking. >> oh, they are talking all right. >> the president actually isn't interested in a balanced agreement. >> the only people who
president obama and the republicans look to make a deal. the royal couple makes a baby, and a new law makes some pot smokers very happy. a look back now at the week that was. >> 26 days left, of course, until we tumble over the cliff. >> now we need a response from the white house. >> i will not play that game. >> it's official. kate middleton is pregnant. >> obviously, you know, we want a family. >> the whole globe's press will be in london waiting for this...
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president obama says republicans, they're the ones that need to take the next step here. republicans say no way, ball's in your court, mr. president. >> we can probably solve this in about a week. it is not that tough. >> now we need a response from the white house. we can't sit here and negotiate with ourselves. now, the revenues we're put on the table are going to come from, guess who, the rich. >> if we can get the leadership on the republican side to take that framework, take knowledge of that reality, then the numbers actually aren't that far apart. >> where are the specifics, where are the discussions? nothing is going on. >> passing middle income tax cut means the end of holding them hostage from tax cuts for the middle -- for the rich. >> i think the next 72 hours are critical. if he sits back and continues to play politics, that will give your answer of where we're going. this is an opportunity for this country to lead. this s this is an opportunity for the president to lead. >> debt ceiling, let's go to the white house, to our chief white house correspondent jes
president obama says republicans, they're the ones that need to take the next step here. republicans say no way, ball's in your court, mr. president. >> we can probably solve this in about a week. it is not that tough. >> now we need a response from the white house. we can't sit here and negotiate with ourselves. now, the revenues we're put on the table are going to come from, guess who, the rich. >> if we can get the leadership on the republican side to take that framework,...
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obama demanded republicans raise the debt ceiling this month without any spending cut strings attached. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again as part of a budget negotiation, i will not play that game. because we've got to break that habit before it starts. >> reporter: the president sees the fiscal cliff showdown as an opportunity to break that linkage for good. republicans say they will not increase the debt ceiling now $16 trillion and due to expire in february without more deficit reduction. >> history shows the only major deficit cutting deals we ever do around here, ever, comes after debates over the debt ceiling. it may be a good idea if you don't care about the debt, but it's a non-starter for those of us who do. >> reporter: public opinion generally is on the president's side, but republicans in the house are not paralyzed or perilous, more unified behind speaker boehner than a year ago. why is this important? the white house is beginning to notice and now believe there is a de
obama demanded republicans raise the debt ceiling this month without any spending cut strings attached. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again as part of a budget negotiation, i will not play that game. because we've got to break that habit before it starts. >> reporter: the president sees the fiscal cliff showdown as an opportunity to break that linkage for good. republicans say they...
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can blame the republicans on what happened. i think that's the game plan, and i think it is outrageous he is doing this. >> thank you both for joining us. >> thank you. appreciate it. >> and for much more on the fiscal cliff on fox news sunday chris wallace has an exchew sigh sit down with charles schumer and bob corker. that's on fox news sunday. check your local listings for times. >>> ♪ gangnam style >> a global sensation, if you will now apologizing for his anti-american lyrics. his name is psy in case you didn't know. his style is called gangnam. it is a dance video and the most watched video ever on youtube with 900 million hits. but the south korean singer is saying he is sorry for his past comments criticizing the u.s. military. psy's apology coming days before he is scheduled to perform in front of president obama. >>> new developments in the tragedy involving the prank phone call targeting kate middleton. we are seeing the first picture of the hospital nurse who is believed to have committed suicide. the nurse falli
can blame the republicans on what happened. i think that's the game plan, and i think it is outrageous he is doing this. >> thank you both for joining us. >> thank you. appreciate it. >> and for much more on the fiscal cliff on fox news sunday chris wallace has an exchew sigh sit down with charles schumer and bob corker. that's on fox news sunday. check your local listings for times. >>> ♪ gangnam style >> a global sensation, if you will now apologizing for...
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mister obama held back from directly criticizing republicans for opposing his tax plans.perhaps showing that fiscal cliff negotiations are showing progress. he says he will *not back down on his stance that the wealthiest americans should pay more in taxes. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks and then we're asking students to pay higher >>pam: meanwhile, republicans are standing by a proposal that doesn't include an increase if no deal is reached, we could see a major increase in taxes, and severe spending cuts. >> living in the u.s. month. software company founder john mcafee said sunday that he wants to return to the united states in order to settle down and lead a normal life. the former software designer is currently in guatemala requesting political asylum. >> let me be clear, that i had absolutely nothing to do with the murder of my neighbor. our intent is to return to the u.s. and try to salvage a normal life under the circumstances. >>pam: he is being held in a detention center while he fights
mister obama held back from directly criticizing republicans for opposing his tax plans.perhaps showing that fiscal cliff negotiations are showing progress. he says he will *not back down on his stance that the wealthiest americans should pay more in taxes. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks and then we're asking students to pay higher >>pam: meanwhile, republicans are standing by a proposal that...
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in his weekly me the address, obama accuses house republicans of blocking a bill that would prevent a tax increase on the middle class. the democratic controlled senate has approved a plan. o obamas as a house bill lores rates for the wealthiest americans, instead of raising them as he has proposed. >> this is the only way to put our economy without asking more. this is the only plan that i am willing to sign. >> for the gop, florida senator marco rubio says tax increases will not solve the nation's 16 trillion dollar debt. he says the only way to do that is through economic growth and reform of entitlement programs. rubio says that limited government can help restore the middle class. >> be extra careful of side due to the fog. this is a view from our mt. tam and there is fog in the midst of clouds. it is partly cloudy. it is mostly sunny conditions for the afternoon. clear skies are expected for the afternoon. it take a look at the yellow on your spring this is where the dense fog advisory has been issued. this is set to expire about 11:00 a.m.. napa as well as fairfield are affecte
in his weekly me the address, obama accuses house republicans of blocking a bill that would prevent a tax increase on the middle class. the democratic controlled senate has approved a plan. o obamas as a house bill lores rates for the wealthiest americans, instead of raising them as he has proposed. >> this is the only way to put our economy without asking more. this is the only plan that i am willing to sign. >> for the gop, florida senator marco rubio says tax increases will not...
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. >> president obama draws a hard line on taxes. >> republican and the white house both have offers on the table on how to resolve the nation's fiscal cliff crisis. >> we wasted an enormous amount of time here, sparring back and forth in public. it's a good time to get serious. >> let's just go over the [ bleep ] cliff. because you know why? at least for a few seconds, it will feel like we're flying. >>> this morning, police are questioning a man in that deadly subway push. they say he has implicated himself in the crime. >>> duchess of cambridge is continuing to feel better. >> australian radio station was able to pose as the queen, get information on the phone about kate's health. >> want to see how her -- >> she is sleeping at the moment and she has had an uneventful night. >> mohamed morsi under siege after 100,000 protests in the streets. >>> l.a.'s mayor has announced an end to an eight-day strike at the largest port complex. >>> best man's friend is learning a new trick. how to drive a car. get off the road. >> three, two, one. >> god bless us, every one. >>> nine weeks, officia
. >> president obama draws a hard line on taxes. >> republican and the white house both have offers on the table on how to resolve the nation's fiscal cliff crisis. >> we wasted an enormous amount of time here, sparring back and forth in public. it's a good time to get serious. >> let's just go over the [ bleep ] cliff. because you know why? at least for a few seconds, it will feel like we're flying. >>> this morning, police are questioning a man in that deadly...
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howard kurtz the host of "cnn's reliable sources" lauren ashburn, republican from texas, congressman jeb hensarling with us, randy weingarten, president of the american federation of teachers. all guests this morning. wednesday, december 5th, and "starting point" begins right now. >>> our "starting point" this morning, president obama putting his foot down. he says no tax hikes for the wealthy, no deal. america hits that fiscal cliff in 27 days and that means tax hikes and deep spending cuts if the democrats and the republicans can't come together in some kind of a deal and with just ten days remaining until congress is scheduled to go home for the holidays, the clock ticking. here's what he told bloomberg news. listen. >> we're going to have to see the rates on the top 2% go up and we're not going to be able it to get a deal without it. >> we start this morning with white house correspondent dan lothian, he's in washington, d.c. okay. so who's got the ball in their court at this point then, dan? >> well, you know, i think the house gop, they have presented their counteroffer which w
howard kurtz the host of "cnn's reliable sources" lauren ashburn, republican from texas, congressman jeb hensarling with us, randy weingarten, president of the american federation of teachers. all guests this morning. wednesday, december 5th, and "starting point" begins right now. >>> our "starting point" this morning, president obama putting his foot down. he says no tax hikes for the wealthy, no deal. america hits that fiscal cliff in 27 days and that...
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"it's a shame that republicans are playing into mr. obama's hands. mr. obama isn't going to blink on the budget if he thinks republicans are going to blink first. so far, the emerging gop position seems to be to surrender on taxes first and hope that mr. obama will have mercy on them later on entitlements. but what is the evidence in the last four years or even since the election that mr. obama won't pocket that victory and then refuse to offer any but token changes on entitlements." >> that's a reversal of what they wrote a few weeks ago where republicans will take the victory in keeping them from going up. >> but if you take this deal now -- that's been the hesitation. the problem is you have no leverage. if you take the deal now, you really lose everything in being able to negotiate about spending cuts, right? >> well, i think that a deal is to be made that would benefit the people if it were done earlier. and the incentive is knowing that the scenario that the "the wall street journal" put forth could take place. we need a discussion right now, and w
"it's a shame that republicans are playing into mr. obama's hands. mr. obama isn't going to blink on the budget if he thinks republicans are going to blink first. so far, the emerging gop position seems to be to surrender on taxes first and hope that mr. obama will have mercy on them later on entitlements. but what is the evidence in the last four years or even since the election that mr. obama won't pocket that victory and then refuse to offer any but token changes on entitlements."...
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president obama and congressional republicans seem to be digging in on the issue of taxes right now. but a new "wall street journal"/nbc poll shows an overwhelming majority of americans are siding with the president. of the republicans polled, we're seeing a big shift a majority favoring compromise. white house correspondent brianna keilar is following this informatio negotiation, the ups and down. i'm not sure the polls matter as much as the members on both sides of the aisle. >> the good news is they are still talking, the white house and the speaker's office. president obama and the speaker have spoken. the staff is talking. when you listen to how they're characterizing conversations, it's not that great. from sunday's conversation that the speaker had with the president, he called that cordial. he just said that his conversation on tuesday night with the president was deliberate and frank. both the speaker and the white house have been asked about reports that actually that phone call was intense. that's something that jay carney did not dispute. >> simply say we confirm the call
president obama and congressional republicans seem to be digging in on the issue of taxes right now. but a new "wall street journal"/nbc poll shows an overwhelming majority of americans are siding with the president. of the republicans polled, we're seeing a big shift a majority favoring compromise. white house correspondent brianna keilar is following this informatio negotiation, the ups and down. i'm not sure the polls matter as much as the members on both sides of the aisle....